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WILMINGTON, Del., Dec. 20, 2024 (GLOBE NEWSWIRE) -- Onfolio Holdings Inc. ONFO ONFOW)) ONFOP (the "Company" or "Onfolio"), a company that acquires and manages a diversified portfolio of online businesses, today announced that its Board of Directors has declared a regular quarterly dividend of $0.75 per share on the outstanding shares of the Company's series A preferred stock. The dividend is payable on December 31, 2024, to shareholders of record as of the close of business on December 21, 2024. About Onfolio Holdings Onfolio acquires and manages a diversified portfolio of online businesses. Onfolio acquires business that meet its investment criteria, being that such businesses operate in sectors with long-term growth opportunities, have positive and stable cash flows, face minimal threats of technological or competitive obsolescence and can be managed by our existing team or have strong management teams largely in place. The Company excels at finding acquisition opportunities where the seller has not fully optimized their business, and Onfolio's experience and skillset allows it to add increased value to these existing businesses. Visit www . onfolio.com for more information. Safe Harbor Statement The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continues," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing new customer offerings, changes in customer order patterns, changes in customer offering mix, continued success in technological advances and delivering technological innovations, delays due to issues with outsourced service providers, those events and factors described by us in Item 1.A "Risk Factors" in our most recent Form 10-K and Form 10-Q; other risks to which our Company is subject; other factors beyond the Company's control. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. Investor Contact investors@onfolio.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Escalation in Ukraine: Hypersonic Threats and Strategic UnfoldingsAP Trending SummaryBrief at 5:06 p.m. EST
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Mackey Arena continues to be a house of horrors for Maryland men’s basketball. The Terps dropped their seventh consecutive game at the home of No. 8 Purdue, which overcame a five-point deficit midway through the second half with a 26-16 outburst to emerge with a 83-78 victory Sunday afternoon in West Lafayette, Indiana. Maryland (8-2, 1-1 Big Ten) has not experienced a triumph at Mackey Arena since Jan. 10, 2015, when that squad won 69-60. Perhaps more relevantly, the team was denied its sixth straight win and lost for the first time since a 78-74 setback to then-No. 15 Marquette on Nov. 15. Freshman center Derik Queen scored a career-high 26 points for the Terps, grabbed 12 rebounds for the fourth double-double of his fledgling year, and blocked two shots. Junior point guard Ja’Kobi Gillespie compiled 18 points and four assists, and graduate student small forward Selton Miguel and sophomore shooting guard Rodney Rice each scored 13 points. Maryland owned a 62-57 lead with 8:25 to go in the second half, but the Boilermakers responded with a 10-0 run and then added a 10-5 spurt for a 10-point advantage — the only double-digit lead of the game — to pull away and keep the Terps at bay. As disheartening as the defeat was, Big Ten Network analyst and former Purdue forward Robbie Hummel came away with positive thoughts on Maryland. “I don’t care about the result today,” he said during the network’s broadcast. “Just from the eye test of the talent and seeing them up close in the last two games against Ohio State and here today, This is as tough a building in college basketball to win as anywhere. The schedule kind of lightens up before they get back into Big Ten play, but I think very highly of the Maryland Terrapins. I think Kevin Willard is going to have an opportunity for this team to really compete this year.” Meanwhile, the Boilermakers (8-2, 1-1) produced four double-figure scorers, a group led by junior point guard Braden Smith (personal-best 24 points) and junior power forward Trey Kaufman-Renn (21). They also bounced back from Thursday night’s 81-70 upset loss at Penn State and avoided their first 0-2 start in the Big Ten since the 2013-14 seasons. Here are three observations from the outcome. Hardly anyone would have faulted the precocious youngster from Baltimore for feeling a little heat in his first true road game of the season in a hostile environment like the one created by the crowd at Mackey Arena. Queen, however, continues to prove that he is no ordinary freshman. He scored 18 points in the second half, which included back-to-back 3-pointers after missing his first 11 attempts from beyond the arc in his career. Queen nearly scored as many points as his teammates did (24) in that second half. In the first half, Queen scored eight points to trail Gillespie’s and Rice’s 10 points, but he refused to cave in to the announced 14,876 in West Lafayette. After drawing a foul with 72 seconds left before halftime, he jawed with the student section behind one corner of the court, inviting a chorus of boos. Despite the reception, Queen calmly sank both free throws. In the first two Big Ten games of his career, Queen has totaled 43 points, 23 rebounds, three steals and two blocks. And it doesn’t appear that he is showing many signs of playing like he should be intimidated about playing at the Division I level. In Wednesday’s 83-59 rout of Ohio State, the Terps locked down on the Buckeyes standout junior point guard Bruce Thorton, who finished with a quiet nine points, four rebounds and two assists. The defense could not repeat that performance against the Boilermakers. Smith and Kaufman-Renn each scored 15 points in the second half. Smith, the Big Ten’s preseason Player of the Year, added a game-high 10 assists, four rebounds and two steals to his day and demonstrated that his six-point, five-assist, three-rebound outing at Penn State was perhaps more of an anomaly than a concern. The 6-foot-9, 230-pound Kaufman-Renn, who turned the ball over seven times to offset the 15 points he scored against the Nittany Lions, found success in the lane against both the 6-10, 245-pound Queen and 6-9, 230-pound senior power forward Julian Reese, who fouled out with 12:32 left in the second half. Kaufman-Renn and 6-7, 205-pound sophomore small forward Camden Heide (15 points and three rebounds) helped Purdue outscore Maryland, 42-32, in the paint – a first by any opponent against the Terps. Throw in 12 points and seven rebounds by junior shooting guard Fletcher Loyer, and the Terps failed to craft the answers that could limit the damage done by the Boilermakers’ top players. One of the team’s top storylines so far had been a growing comfort and confidence coach Kevin Willard had in going to the bench to give the starters some much-needed rest and continue to carry out the offensive and defensive strategies employed by the coaching staff. But when push came to shove against Purdue, the Terps showed how dependent they are on the starters. The first five of Queen, Gillespie, Rice, Miguel and Reese accounted for 75 of the team’s points (96.2%), 26 of its 36 rebounds (72.2%), 11 of its 15 assists (73.3%), and all four of its steals. And with the exception of Reese due to his foul trouble, the other four played at least 32 minutes each. Sophomore shooting guard DeShawn Harris-Smith had two points, two rebounds and two assists, but junior power forward Tafara Gapare finished with more turnovers (two) than points (one). In his three previous games, the Georgia Tech transfer had averaged 13.3 points and 5.7 rebounds. Considering how potent the Boilermakers were on offense, perhaps it shouldn’t be startling that Willard was forced to shorten his bench on Sunday. But Maryland would surely welcome greater contributions from its reserves to alleviate some of the pressure on the starters and convert some of these negative results into positive ones. This article will be updated. Have a news tip? Contact Edward Lee at eklee@baltsun.com , 410-332-6200 and x.com/EdwardLeeSun . UP NEXT Saint Francis at Maryland Tuesday, 7:30 p.m. TV: Big Ten Network Radio: 105.7 FMHighlights from Trump's interview with Time magazineWodonga residents now have access to more shops as the city's newest complex has been unveiled. or signup to continue reading Businesses at the Anzac Parade Retail Super Centre have started opening their doors, including hardware and tool chain Total Tools, which opened on Wednesday, November 27. Total Tools' Albury and Wodonga owner Alex Patnaude said the response to their opening has been fantastic. "There's lots of people coming through and lots of interest," he said. "Lots of people are excited to have a store on this side of the river." He has been talking about opening a store in Wodonga for about 15 years, with works coming to fruition in 2021. The store's specialities are "all the tools that tradesmen need to do their job and earn their living" including power tools, accessories, safety equipment, ladders, air tools, compressors, and storage and transport options for tools. "Part of the reason for having a store over here is that we strengthen our offer in the region by having an additional store over in Wodonga," Mr Patnaude said. The store has a grand opening celebration planned for Friday, December 13 and Saturday, December 14. Mr Patnaude also owns the entire complex with his brother Chris, which holds seven stores and a fast food outlet. The complex has been built by Premier Building and Construction, owned by Anthony and Melanie Baker, with a total retail floor space of 9300 square metres as well as a drive-through Guzman Y Gomez set to open next year. The complex's substation also has a vinyl decorative wrap of a soldier's silhouette honouring Anzac Parade. has started trading with Olympian Lauren Jackson joining in the celebrations for the sports store's opening in Wodonga. AMX Superstores also began trading on Thursday, December 5, specialising in motorcycle accessories and parts for both road and offroad riding, including helmets, riding gear, boots, oils and tyres. RSEA Safety will begin trading on Saturday, December 14, stocking brands including Carhartt, Eleven and Helly Hensen, with CAT launching in store in January. World Gym Wodonga will be the gym's first Victorian club and will open early next year, offering a 1000-square-metre weights floor and a 2200-square-metre gym space across two storeys. The gym will have three classrooms with reformer pilates, group fitness and functional fitness, a creche and a recovery zone with infrared saunas and relaxation spas. 4WD Supacentre will open its doors on Friday, February 14, with children's entertainment, giveaways and food vendors. The store will stock Adventure Kings gear, offering a large range of outdoor and camping equipment from battery systems to off-grid essentials. Supercheap Auto will also be relocating from its current premises in Wodonga's Homemaker Centre in January. Business Wodonga chief executive Graham Jenkin said it was positive to see major retailers cement their place in the North East. "This is a tremendous outcome, having developments like this for Wodonga," he said. "No longer will people have to go over to Albury to visit these sorts of stores. "We have a and it's great to see national retailers really seeing the potential for Wodonga." Mr Jenkin said it will also be interesting to see what other retailers make their mark in Wodonga's Junction Place. Journalist at The Border Mail.You can contact me at madilyn.mckinley@austcommunitymedia.com.au. Journalist at The Border Mail.You can contact me at madilyn.mckinley@austcommunitymedia.com.au. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. 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